loans

Sudan seeks debt relief pledges, investment at Paris conference
Middle East

Sudan seeks debt relief pledges, investment at Paris conference

Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a…
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
Business

Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative

The Central Bank of Egypt (CBE) on Sunday decided to expand the base of beneficiaries for its LE100 billion stimulus…
CBE ramps up measures to support Egypt’s economy amid coronavirus pandemic
Business

CBE ramps up measures to support Egypt’s economy amid coronavirus pandemic

The Central Bank of Egypt (CBE) has ordered local banks in the country not to impose additional fines applied to…
As nations bicker, a greener future evolves in finance
Environment

As nations bicker, a greener future evolves in finance

Away from the toxic atmosphere at climate summit talks, in boardrooms, banks and trading houses, a transformation in green finance…
Assiut University first Egyptian university to apply student loan system
Egypt

Assiut University first Egyptian university to apply student loan system

The President of Assiut University, Tarek al-Gammal, announced the board’s approval on launching a student loan system in all faculties…
Sisi officially approves Egypt-EIB loan agreement
Egypt

Sisi officially approves Egypt-EIB loan agreement

President Abdel Fattah al-Sisi has approved a government agreement between Egypt and the European Investment Bank (EIB) on the Kitchener…
Saudi Arabia deposits $250 million in Sudan central bank
Middle East

Saudi Arabia deposits $250 million in Sudan central bank

DUBAI (Reuters) – Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position,…
News IMF approves $6 bn loan for Pakistan
World

News IMF approves $6 bn loan for Pakistan

The International Monetary Fund on Wednesday approved a $6 billion, three-year loan for Pakistan to help right the South Asian…
Oil price plunge threatens Iraq recovery
Middle East

Oil price plunge threatens Iraq recovery

BAGHDAD (AP) — The latest plunge in oil prices has dealt a heavy blow to Iraq’s stagnating economy, threatening the…
Egypt paid $30 billion in loans during 2017: Finance Ministry
Business

Egypt paid $30 billion in loans during 2017: Finance Ministry

  Egypt’s Finance Ministry said on Sunday that the country has paid $30 billion in 2017 in bonds and external…
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